Colin Reed (Insider Trades), CEO and Chairman of Ryman Hospitality Properties Inc. (RHP), acquired 8,040 shares of the company on Oct. 14, 2016. The average price per share was $49.75, for a total amount of $399,990. Ryman Hospitality is a real estate investment trust (REIT), specializing in group-oriented, destination hotel assets in urban and resort markets. The company has a market cap of $2.51 billion.
There is no clear linear decreasing or increasing trend in number or volume of insider purchases of RHP from 2013 to 2015. There were six insider buys totaling 46,376 shares in 2013, and only one insider buy totaling 5,424 shares in the following year. The number of insider purchases increased to seven transactions totaling 39,861 shares in 2015. In 2016 to date, there were five insider purchases totaling 31,973 shares of the company; including the aforementioned transaction, Reed acquired 93.7% of all RHP insider shares purchased in 2016 to date. In total since 2013, Reed conducted 13 insider buys with RHP, acquiring 113,480 shares. For more information about insider trades, click here. Continue Reading »